BSA Junior Analyst in Hamilton, New Jersey at FIRST BANK

Our goal is to hire and retain talented people with engaging personalities and exceptional work ethics. We believe in recognizing and rewarding employees who consistently perform at a high level.

We offer competitive salaries based upon experience and a comprehensive benefits package upon satisfying eligibility conditions, including health and dental insurance, life insurance, short term and long term disability, and the Bank's 401k Plan.

Position Summary:

This position is responsible for daily tasks of the BSA/AML Program to ensure compliance with BSA/AML policies, procedures, and applicable regulations. The BSA/AML program includes Currency Transaction Reports (CTRs), Office of Foreign Asset Control (OFAC), Suspicious Activity Reports (SARs), Customer Due Diligence (CDD), and Customer Identification Program (CIP).

Duties & Responsibilities:

• Assist with the alert workload and the monitoring for suspicious patterns/activity, conduct suspicious activity report investigations, as well as high risk customer/account reviews, and recommend when to file and not file Suspicious Activity Reports (SARs).

• Assist in the compliance of 314(a) and 314(b) responsibilities.

• Conduct enhanced due diligence reviews which entail research, the gathering of documents, composing well written narratives, making appropriate recommendations, and assigning appropriate risk factors.

• Escalate any alert or reported unusual activity to a case for further investigation.

• Assist in the preparation and submission of all Currency Transaction Reports (CTRs) within the regulatory deadline of 15 days.

• Assist branches with potential OFAC matches and take appropriate action to escalate them when necessary.

• Ensure proper identification and adherence to the Bank's BSA Program including, but not limited to; CIP, CDD/EDD/BO, OFAC and record keeping and retention requirements.

• Log and review all Identity Theft Red Flag incidents received and determine if investigations are warranted.

• Coordinate with multiple departments to ensure all Identity Theft Red Flag incidents have been reported to BSA for tracking and investigative purposes

• Perform other duties as assigned.

Qualifications

• Strong analytical skills to define problems and propose solutions.

• Computer literate; fluency in Microsoft Office programs

• Effective oral and written communication skills.

• Strong problem-solving, negotiation & follow-up skills.

• Experience with Verafin or other BSA monitoring software- preferred not required

First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ+ can apply to our company for employment opportunities.

Job Type: Full-time

Pay: $44,000.00 - $53,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Paid time off
• Referral program

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work Location: In person